Although unemployment rates remain near record lows, U.S. and Arizona job growth has recently slowed as the Federal Reserve continues with higher interest rates to combat inflationary pressures. According to Arizona State University economists, a recession seems less likely than one year ago but remains a possibility. What industries are driving growth in today's Arizona … [More]
ASU Economists Share What’s in Store for Next Year at Annual Economic Outlook
Learn answers to your questions about the state and national economy live on Zoom
Affordable Housing Developer Breaks Ground on Development in Casa Grande
Lincoln Avenue Communities, a mission-driven acquirer and developer of affordable housing, broke ground yesterday on the future site of Cottonwood Ranch during a ceremony with LAC leaders, local policymakers and partners. Cottonwood Ranch will provide 300 affordable housing units to individuals and families in Pinal County earning less than 50% and 60% of the Area Median … [More]
Discount Tire and Major League Soccer Announce Multiyear Partnership in the U.S.
Discount Tire, a leading retailer of tires and wheels, and Major League Soccer (MLS) today announced a new multiyear partnership in the U.S. Through this agreement, Discount Tire will be named the official tire retailer of MLS, the MLS All-Star Game presented by Target, and MLS Cup presented by Audi. As part of this multiyear partnership, Discount Tire will integrate … [More]
Fifth Homebuilder Announced for the First Village to be Built at Teravalis
Following the recent announcement by Howard Hughes Holdings Inc. (NYSE: HHH) of the first four homebuilders to join TeravalisTM, the company announced today the addition of Century Communities to its growing roster. Century Communities will join Lennar, Brightland Homes, KB Home, and Courtland Communities as the first to build in Floreo, the first village being developed in … [More]
Multi-Tenant Industrial Building in Phoenix’s Deer Valley Sells for $21.85M
Cushman & Wakefield announced the firm has arranged the sale of Pinnacle Peak Commerce Center, a freestanding 93,725-square-foot (SF) Class A light industrial building in the Deer Valley submarket of Phoenix, Arizona. The property was 100% leased to three tenants at closing. The asset was acquired by Top 10 Properties, a Southwest U.S. based real estate investment firm, … [More]
Effort to Expand Broadband in Rural Areas Takes Big Step Forward
Public-private partnership to manage, maintain and lease fiber-optic conduit along highways
The state’s goal of expanding broadband internet access in rural areas is taking a big step forward with a public-private partnership. The agreement with eX² Technology is to operate, maintain and lease space in fiber-optic conduit installed along Interstate 17 and Interstate 19, and being installed later this year along much of Interstate 40. The Arizona Department of … [More]
Build-to-Rent Investor Purchases Avondale BTR Community for $57M, First Acquisition in Arizona Market
Christopher Todd Capital has completed its first purchase of a newly-completed Build-to-Rent (BTR) community in Avondale, Arizona, part of Phoenix metro. The company, with offices in Arizona and Florida, purchased the community for approximately $57 million, which is well below what it would cost to build from the ground up today. The Class A fully amenitized community includes … [More]
Nonprofit Opens Fifth Location in Southwest Phoenix
One Step Beyond, Inc., a Phoenix-based non-profit organization that provides comprehensive programming and services for adults who have intellectual disabilities, officially opened its fifth Phoenix location on Wednesday, April 17. The new 13,601 square foot Southwest Phoenix location will serve 200 individuals who live in Phoenix, Avondale, Goodyear, Buckeye, Tolleson, … [More]
Local Healthcare Startup Reaches Staffing Milestone, Successful Growth Impacts Patients
HealthyU Clinics, a provider of integrated primary and specialty care services has announced it has reached 100+ employees across its clinics in Metro Phoenix, a milestone marking the company’s consistent growth since its inception in 2021. HealthyU Clinics is focused on elevating the standard of care for diverse communities through personalized healthcare solutions for Arizona … [More]
Revered Tempe Pub Partners and Changes Name
Boulders on Broadway helped herald in Arizona’s craft beer scene when it opened its doors in Tempe 17 years ago. Now the established Arizona craft beer bar and restaurant is turning a new page as it partners with Utah-based SaltFire Brewing Co. to become the SaltFire Brewing Tap House. The transition brings the brewery’s beers to the Arizona market, a menu refresh, and … [More]
Chicanos Por La Causa Board of Directors Appoints New President & CEO
Chicanos Por La Causa, a leading Arizona-based nonprofit empowering communities in six U.S. states, proudly announces the appointment of Alicia Nuñez as its new President & CEO. Nuñez has more than 23 years of financial and operational management experience in both for-profit and non-profit business. She is now the organization's first female leader in its 55-year … [More]
Local Brewery Works in Partnership with Concert Venue to Honor a Century of Entertainment
PHX Beer Co. is teaming up with The Nile Theater to craft a distinctive can design honoring the iconic music venue's remarkable 100-year legacy that will be available on May 1. This specialty can will be filled with one of PHX Beer Co.’s signature refreshing Lagers. The unique artwork on the canned beverage will pay homage to the rich history of the Nile Theater, infusing … [More]
Advanced Packaging Takes Chips to the Next Level
ASU plugged into this next breakthrough in microchip tech with curriculum, partnerships with industry leaders
With Moore’s Law being stretched to its maximum, research and innovation are turning to advanced packaging to make electronics more powerful and enhance the capabilities of the tiny devices that drive the technology-based products consumers enjoy and that national defense systems rely on. Arizona State University is a key partner for the semiconductor packaging industry … [More]
Phoenix Bar Concept Earns Spot on World’s 50 Best Bars List
Century Grand, the celebrated cocktail haven located in Phoenix, Arizona, proudly announces its inclusion on this year’s North America’s 50 Best list, taking spot #36. Established in 2019 by Barter & Shake Cocktail Entertainment, this recognition solidifies Century Grand’s status as a pioneering force in the global cocktail scene. "Century Grand has always been dedicated … [More]
Fast-Growing Bank Awarded Preferred Lender Status by U.S. Small Business Administration
Integro Bank, the fastest-growing bank in Arizona recording 625% loan growth in 2023, made another leap forward when it comes to their capacity to help small businesses. The U.S. Small Business Administration has issued delegated authority to Integro Bank, an esteemed status within their Preferred Lender Program (PLP). The PLP status is the most desirable accreditation that a … [More]
Pickleball Franchise to Open One of Three East Valley Locations
The Picklr, the fast-growing indoor pickleball franchise, headquartered in Kaysville, Utah, announced that their Tempe, AZ club will celebrate its grand opening in the fall of 2024. The Tempe club will be the first of three locations in the East Valley area, with other locations being announced at later dates. The 26,000 sq ft Picklr will feature eight indoor courts, including … [More]
Valley Law Firm Creates Powerhouse Liquor Licensing Practice
Burch & Cracchiolo, P.A. continues to expand its Phoenix office with the addition of shareholder Ryan W. Anderson and associate attorney Shawn A. McCabe and a supporting staff of three essential employees. The duo will join the Firm effective May 1, 2024. Anderson and his team will join Burch & Cracchiolo attorney Jake D. Curtis to create the most experienced and high … [More]
Arizona Has the Highest Ranked Public High School in the Nation, Says U.S. News & World Report
U.S. News & World Report, the global authority in education rankings, today announced the 2024 Best High Schools rankings. The rankings evaluate nearly 18,000 eligible public high schools at the national, state and local level. Five new schools in the top 10: Riverside Stem Academy (CA), International Academy (MI), Julia R. Masterman Secondary School (PA), Gwinnett … [More]
